Sobha shares in focus after Q3 Update: Sales value drops 29% to Rs 1,389 crore

Sobha share price: Sobha reported a sales value of Rs 1,388.6 crore in Q3 FY25, marking a 28.9% YoY decline but a 17.8% sequential increase. Average price realization rose by 16.5% YoY. Bengaluru contributed 72.1% of sales. For FY25, the company sold 3.12 million square feet valued at Rs 4,441 crore. Analysts have a 'Buy' recommendation with a target price of Rs 1,902.